Forecast last November (TIME, Nov. 26), vigorously denied ever since, the sale of Germany's Opel Motor Works to General Motors last week became a fact. As in many a domestic merger, the emphasis given denials forecast a deal of large proportions. Thus, last week, no less than three presidents journeyed to Wiesbaden* to sign the contract. They were: the President of General Motors Corp. (Alfred Pritchard Sloan Jr.); the President of General Motors Export Co. (James David Mooney); the President of Fisher Bodies Corp. (Frederick J. Fisher), chief of the seven money-minting Fisher brothers.
Immediate subjects of presidential talk en route to...
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